What Our Friends Have To Say
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A married couple consolidates debt and .
. . lowers their monthly payments by nearly $500.
The monthly bills were consuming more cash than the couple
had available each month. The options were few and some
were not very attractive at all. One option was to go into
savings each month just to pay their bills. Another was to
use their savings to pay off consumer debt - in particular,
credit cards. Another option was to continue to run short
each month and try to live through the fighting and
bickering caused by the high level of stress.
Our clients came to Paly and sought our advice. Our
recommendation was to refinance their mortgage and take
some equity out of the house. The couple did exactly that.
The equity was used to pay down their charge card debt.
Additionally, they got a lower monthly interest rate on
their mortgage - from 10 percent to under 7 percent.
The results? The couple enjoys a mortgage payment that is
$350 per month lower and monthly credit card bills that are
some $300 lower. The couple now saves over $100 per month
in a mutual fund. They contribute to the fund through a
direct deposit from their checking account. This makes
regular savings easy and painless!
How about you? Wouldn't you like to reduce the stress and
strain caused by your monthly bills? Perhaps there is a
solution that will reduce your stress and increase your
quality of life! You can email us. We would love to try and
help you!!